Dormant Ethereum (ETH) address activates after eight years ETH $ETH
can cause crypto wallets that have been dormant to reawaken. Sometimes, it is just the owner forgetting about it and then deciding that now could be a good time to sell after finding it again.
The Ethereum ICO raised $18 million in two stages between July and September of 2014. One Bitcoin was set to buy 2,000 Ether at the beginning of the sale. According to September 2014 Bitcoin values, this meant that one ETH was worth 0.0007479 Bitcoin, or roughly 30 cents. This type of cryptocurrency issuance is known as a"premine," as the coins are created before the network begins to produce tokens on its own. Later, in July 2015, the Ethereum blockchain was launched.
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